The steps in working out the appropriate division of property following separation are as follows: firstly, the parties need to agree on the value of the assets and debts of each of them respectively; secondly, the parties need to assess whether it is just and equitable to put a property settlement Order in place; thirdly,…Read more
This question is often important to property settlement discussions post-separation, when budgets are at times in a state of flux and are at other times stretched to their absolute maximum. The first and most important thing to remember is that if the mortgage is in ‘joint names’, then both parties are legally responsible for the…Read more
